Why bet on something you will win and probably not get paid.
I didn't know that. I took a long time member, early adopter, forum staff member, bitcoin businessman, at his word. For all I know he could be sitting on 200k in coins and just really believed in Pirate. I didn't know it'd come to this.
Looking forward to this book though:
"How to completely blow your credibility in less then 3 weeks by Matthew Not Wright."
If he had 200k coins and truly believed in pirate, he would have just bought pirate debt at 5% of face value. His bet lost all credibility with me when he was accepting
BTC1k+ bets at 1:1 odds when the market rate was far below that.
I in no way condone what Matthew did, but I do not feel too bad for people who booked huge bets after the bet was "closed" and there was little chance pirate would pay back.